Managing Price Risk in Agricultural Commodity Markets (Farm Business Management (Textbooks))

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9780866912488: Managing Price Risk in Agricultural Commodity Markets (Farm Business Management (Textbooks))
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The big challege facing producers now and in the future is to respond to and manage the risk associated with highly volatile prices. Unprecendented changes in farm policy and New World trade agreements are two of the more important reasons why change is ensured. This book will help you develop the ability to cope in an uncertain marketplace. It looks at marketing skills and savvy, and develops managemnt strategies that can be used to ensure and protect profitability.

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About the Author:

Wayne D. Purcell is Professor, Department of Agricultural and Applied Economics, Virginia Tech. He is also Coordinator, Rural Economic Analysis Program, in the College of Agriculture and Life Sciences, and Director, Research Institute of Livestock pricing. As a teacher, he has been active both in the regular classroom and in adult education. Since the mid-1970s, he has conducted educational sessions on price risk management across the U.S. and into Canada. Insight from his travels, from his extension/outreach work, and from his research is reflected in his teachings and in his writings. He is an author or editor of 10 books and has authored over 200 technical research and educational bulletins.

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